Asset: MPHASIS
Setup: Bullish Continuation
Entry: Retest of 2363.00–2313.44 or bullish acceptance above 2407.00
SL: Below 2292.00
Targets: T1 2460.00 (~estimated from visible structure) | T2 2546.80
ETA: Trigger 2–5 candles | T1 6–10 candles (~6–10h) | T2 12–24 candles (~12–24h)
Invalidation: Sustained acceptance below 2313.44, especially below demand 2292.00–2363.00.
Score: 79/100 (⚠️ Watchlist / Conditional)
Narrative: The 1H chart displays a clean bullish continuation sequence. Supply 2260.40–2299.40 has been broken, creating a fresh demand zone at 2292.00–2363.00. Price is accepted above the 1H VAH 2313.44 and the 4H VAH 2286.73, indicating value migration higher. The larger 4H structure has also reclaimed the previously broken supply 2188.70–2238.90, strengthening the bullish higher-timeframe context. Liquidity above 2407.00 remains the nearest objective before the broader HTF supply 2546.80–2687.00. Despite the strong structure, the current price 2396.90 is immediately following an impulsive expansion, and no Tier-1 execution trigger (retest of demand or breakout-retest above 2407.00) has completed. Waiting for confirmation provides materially better execution quality than chasing the move.
3July 13, 2026 1.7K
